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Treasury Committee Profile picture
@CommonsTreasury
Sep 22, 2020 • 6 tweets • 6 min read • Read on X
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We're underway with our evidence session on UK customs policy.

The witnesses are:

@AnnaJerzewska
@AllieRenison
@Eliz_de_Jong
Tim Reardon (@Port_of_Dover)

📺Watch it live here👇

parliamentlive.tv/Event/Index/f1…
First up, @MelJStride asks if companies are ready for the end of the #Brexit transition period on 1 January.

@AnnaJerzewska said:

🗣️"On the whole, companies are not ready for 1 January."
.@Eliz_de_Jong from Logistics UK told us that we need double the number of customs agents than currently exist for #Brexit borders.
.@AnnaJerzewska reminds us:

🗣️"If there is a customs and regulatory border in place, there is no such thing as unfettered access."
Finally, @FelicityBuchan asks about freeports.

🗣️Tim Reardon from @Port_of_Dover tells us that he is in favour of the concept of freeports, but they should be made available in a manner that is not "size and geography specific."
That's all for today. Thanks to all of our witnesses.

Join us for our next evidence session tomorrow on infrastructure. We'll hear from:

✅National Infrastructure Commission
✅@ipagov
✅@ICE_engineers

📺Watch it live tomorrow at 2.30pm here👇

parliamentlive.tv/Event/Index/cd…

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More from @CommonsTreasury

Treasury Committee Profile picture
Jan 25, 2021
⏳One hour to go until the first evidence session of our #EconomicCrime inquiry.

We'll hear from:
✅Graeme Biggar, @NCA_UK
✅Angela McLaren, @CityPolice
✅Patrick Campbell, @policescotland

📺Watch it live here👇

parliamentlive.tv/Event/Index/92… Image
🚨We're underway with the first evidence session of our inquiry into #EconomicCrime.

📺Watch it live here👇

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Asked about fraud in relation to the Government's #coronavirus support schemes, Graeme Biggar from @NCA_UK tells us that there are "eyewatering" amounts of fraud against the public purse. Image
Read 8 tweets
Treasury Committee Profile picture
Dec 16, 2020
⏳One hour to go until our evidence session on business taxes as part of our #TaxAfterCoronavirus inquiry.

We'll hear from:

✅ Tom Clougherty @CPSThinkTank
✅ @alexcobham
✅ Annie Gascoyne @CBItweets
✅ @ChrisSangerEY

📺Watch it live at 14:30 here👇

parliamentlive.tv/Event/Index/66… Image
We're underway with our evidence session on business taxes for our inquiry into #TaxAfterCoronavirus.

📺Watch it live here👇

parliamentlive.tv/Event/Index/66… ImageImageImageImage
How important is corporation tax to businesses when considering where to invest?

@ChrisSangerEY tells us that it's "fifth or sixth on the list".

He added that low rates make the UK attractive to invest in and Govt would be wrong to raise rates if it wants inward investment. Image
Read 8 tweets
Treasury Committee Profile picture
Dec 2, 2020
⏳One hour to go until our evidence session with economists on #SpendingReview2020.

We'll hear from:

✅ @jagjit_chadha
✅ @PJTheEconomist
✅ @MSensier
✅ Karen Ward from @JPMorganAM

📺Watch it live at 14:30 here👇

parliamentlive.tv/Event/Index/87…
We're underway with our evidence session with economists on #SpendingReview2020.

📺Watch it live here👇

parliamentlive.tv/Event/Index/87…
Karen Ward tells us that the UK is vulnerable to global interest rate rises.

@MSensier tells us that we need to look at why the UK has had to borrow so much for #coronavirus, which is partly down to not spending enough on preparation for a pandemic.

#spendingreview2020
Read 7 tweets
Treasury Committee Profile picture
Oct 20, 2020
⏳One hour to go until our evidence session on #TaxAfterCoronavirus, with a focus on employment taxes.

We'll hear from:

✅@JudithFreedman
✅@BillDodwellTax
✅@dcribb
✅Andrew Titchener
@CBItweets

📺Watch it live from 9.30am here👇

parliamentlive.tv/Event/Index/22… Image
We're underway with our evidence session on #TaxAfterCoronavirus.

📺Watch it live here👇

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Andrew Titchener from @CBItweets tells us that the headline rate of corporation tax is not as important to businesses as reliefs and incentives. Image
Read 7 tweets
Treasury Committee Profile picture
Oct 16, 2020
(1/5) The three-person tax problem.

It's possible to work for the same employer and be taxed in different ways depending on whether you're:

1⃣Employed
2⃣Self-employed
3⃣A limited company

Read on to find out more👇
(2/5) These differences arise because of the different ways the tax system deals with different things.

Employees pay income tax and national insurance.
(3/5) The self-employed pay income tax and Class 4 national insurance, which is lower than an employee.
Read 5 tweets
Treasury Committee Profile picture
Oct 14, 2020
⏳One hour to go until our evidence session on #decarbonisation and #GreenFinance.

We'll hear from:

✅Saker Nusseibeh @FedHermesIntl
✅Sandra Boss @blackrock
✅@huwevans71
✅@stevewaygood

📺Watch it live at 2.30pm here👇

parliamentlive.tv/Event/Index/d0… Image
We're underway with our evidence session on #decarbonisation and #GreenFinance.

📺Watch it live here👇

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.@stevewaygood from Aviva Investors told us that climate change is the world's biggest market failure. Image
Read 11 tweets

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